Chiyoda USA Corp. plans to expand its Greencastle plant, which company officials said will create 300 jobs by the end of 2017.

Officials for the Japanese auto parts manufacturer said Monday that the company will construct a 90,000-square-foot facility at its existing U.S. headquarters about 50 miles west of Indianapolis. The building, which will house a new paint line, will be adjacent to the company’s current building at 2200 State Road 240 E.

The new investment will include additional equipment at the company’s current facility to increase manufacturing capacity for one of its primary customers, Subaru of Indiana Automotive.

Opened in May 2005, the company’s Greencastle location employs 133 full-time and 100 temporary workers. Chiyoda USA started construction this month and expects to begin hiring for production and supervisor positions within the next six months.

The Indiana Economic Development Corp. offered Chiyoda up to $1.23 million in conditional tax credits and up to $75,000 in training grants based on the company’s job-creation plans. The city of Greencastle will consider additional incentives.

Multimedia

Videos

Events

Engage Indiana This year on Dec. 14th, at our Engage Indiana event, we will convene Indiana's C-suite executives, community leaders, and business professionals to hear from Purdue President Mitch Daniels and a distinguished panel. Purchase your ticket now.

CFO of the Year Awards IBJ's CFO of the Year honorees are impressive financial professionals who steer the fortunes of their companies and organizations. Join IBJ to celebrate their accomplishments on December 7th. Purchase your ticket now.More Events

Close

IBJ and our partners use technology such as cookies on our site to personalize content, provide social media features, and analyze our traffic. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use.